Google stock triggered two sell rules after fourth-quarter results. Its technical ratings are weakening as competition from Microsoft heats up.
Just as the tech giant braces for a sweeping lawsuit from the Justice Department, it was hit with a $2 billion European Commission fine for allegedly breaking competition laws overseas.
Apple shares are in the red this year, so Wall Street is chattering about why that is and what might change it. The latest blow came Monday, when the European Commission said it was fining Apple nearly $2 billion over what it called “abusive App Store rules” for music-streaming providers. Apple said it would appeal the decision, which it said came even though the commission didn’t identify credible evidence that consumers were harmed.